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WESTMORELAND COAL STOCK TO BE TRADED ON NEW YORK STOCK EXCHANGE

 WESTMORELAND COAL STOCK TO BE TRADED ON NEW YORK STOCK EXCHANGE
 PHILADELPHIA, June 16 /PRNewswire/ -- Westmoreland Coal Company (NASDAQ: WMOR), the low sulfur coal marketer and producer that reported $568 million in revenue in 1991, announced today that its common stock will be traded on the New York Stock Exchange under the stock symbol "WCX" effective tomorrow, June 17.
 Westmoreland Coal Company, established on July 7, 1854, is a worldwide marketer and producer of low sulfur coal for electric utilities and the steel industry. More than half of its tons sold are shipped from the company's own mines located in West Virginia, Virginia, Kentucky and Montana. The balance is produced by other coal mining organizations and marketed by Westmoreland. Of the 20.6 million tons sold last year, 15 million tons were sold to the U.S. market and the balance shipped to customers throughout the world. The company is the 16th largest marketer of coal in the United States based on 1990 tons sold, which is the most recent comparative industrial information available. Westmoreland is also engaged in the business of developing and owning interests in cogeneration and other non-regulated independent power plants throughout the United States.
 "The company believes that listing on the New York Stock Exchange will benefit both the shareholders and the company," said Pemberton Hutchinson, chairman, president and chief executive officer. "For our shareholders it provides a liquid and open marketplace in which they can acquire stock. For the company the advantages are a cost-effective access to capital, high visibility and access to the largest and most diverse group of individual and institutional investors in the U.S. and abroad."
 /delval/
 -0- 6/16/92
 /Editors: Photo of WCCO first NYSE shares purchase by Hutchinson available from AP in afternoon of June 17./
 /CONTACT: Stephen N. Anderson of Westmoreland Coal, 215-545-2500/
 (WMOR WCX) CO: Westmoreland Coal Company ST: Pennsylvania IN: MNG SU:


CC-MK -- PH022 -- 0726 06/16/92 14:00 EDT
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Publication:PR Newswire
Date:Jun 16, 1992
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